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Sr. Product Development Analyst II - Actuarial or Finance focus
Sr. Product Development Analyst II - Actuarial or Finance focus-March 2024
Des Moines
Mar 30, 2026
About Sr. Product Development Analyst II - Actuarial or Finance focus

  What You'll Do

  Do you want to work with a fun, creative, and driven team? Great news—we're hiring! If you are a team player, enjoy fast-paced work environments, and like to tackle a wide variety of tasks, we'd love to work with you. Not only are we passionate about company growth, but we also feel the same way about our employees.

  You will be responsible for designing new and modifying existing variable annuity products. You will work in a team-oriented environment partnering with actuaries, marketers, distribution partners, compliance, operations and system engineers. You will:

  Lead product development projects designing and launching variable annuity products.

  Work with our wholesaling teams to train and promote our products aligned with our profit goals and objectives.

  Stay current on industry trends and utilize the data to recommend and make product changes.

  Work with marketing to develop sales materials, illustrations and product training.

  Work with our legal, compliance and filing teams to register/file new products with regulatory bodies.

  Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years.

  Who You Are

  Bachelor's degree - preferred in Finance, Actuarial Science or Mathematics.

  6+ years of work experience in an insurance and/or investment product development position.

  Working knowledge of actuarial concepts

  Strong knowledge of product research, development, design and investment

  Advanced planning/organizational, problem-solving, analytical, management, presentation, listening, and written and oral communication skills

  Strong leadership and negotiation skills, along with excellent time management and decision-making skills

  Big picture thinking and results oriented

  Ability to maintain a high degree of accuracy while being detail oriented

  Confidentiality is essential

  Series 6 registration required within 6 months

  Working knowledge of PC-based applications I.E. Microsoft Office

  Travel may be required: 5%

  Skills That Will Help You Stand Out

  Variable annuity experience

  FSA, ASA or CPA designation

  We’ll consider talent at the next job level with the right experiences and skills. The minimum qualifications are listed above for the Sr. Product Development Analyst level.

  Salary Range Information

  Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

  Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)

  $95200 - $182400 / year

  Additional Information

  Location

  This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA. You’ll work with your leader to figure out which option may align best based on several factors.

  Work Authorization/Sponsorship

  At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.

  Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)

  Investment Code of Ethics

  For Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.

  Experience Principal

  At Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.

  Principal is an Equal Opportunity Employer

  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

  Posting Window

  We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.

  Original Posting Date

  1/17/2024

  Most Recently Posted Date

  1/17/2024

  LinkedIn Remote Hashtag

  #LI-Remote

  LinkedIn Hashtag

  #LI-LT1

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